Monday, May 20, 2013

Stock jump makes Tesla more valuable than Fiat

Stock jump makes Tesla more valuable than Fiat (via AFP)
The rocketing stock price of electric sports car maker Tesla made it more valuable than Fiat Tuesday -- even though the Italian auto giant produces 200 times more cars than the American upstart. After a more than 50 percent gain in the past week, Tesla's market value topped $10 billion, compared to…